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Business/Financial

Lockheed Martin-led Team Captures Potential $1Billion NGI Award

DDN

Wednesday, February 20th, 2008

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The FBI awarded Lockheed Martin [LMT] a potential 10-year, $1 billion contract to be the systems integrator in the design, development and deployment of its Next Generation Identification (NGI) system, which will expand the agency's current electronic fingerprint-based database to include multiple biometrics to better improve the identification and capture of criminals and terrorists. The value of the contract for the base year is $38.2 million. The contract contains nine option years. NGI, which will eventually replace the FBI's Integrated…

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]